BSM Technologies establishes distribution partnership with Blue Oceans Satellite Systems

TORONTO, Aug. 2, 2012 /CNW/ - BSM Technologies Inc.("BSM" or the "Company") (TSX-V: GPS), a leading provider of remote monitoring, fleet management, fleet diagnostics and automated vehicle security systems, today announced that it has signed a mutual distribution partnership agreement with Blue Oceans Satellite Systems Inc. ("Blue Oceans"). Under the agreement Blue Oceans will integrate BSM's Sentinel solutions with its existing fleet and asset monitoring product line and become BSM's sole provider for Iridium and Globalstar satellite data communications hardware and services.

"This partnership provides solid benefits for both our companies," stated Aly Rahemtulla, BSM's President and CEO. "We can now both offer our clients a best-in-class solution that provides enhanced operational visibility through a single web-based application, one monthly service bill and a solution that works anywhere in the world."

Blue Oceans, based in St. John's, Newfoundland and Labrador, provides satellite modems and data services to wide range of clients with a concentration on harsh environments and the energy, construction, resource and government services sectors.

"We are very pleased to become a supplier of BSM's telematics solutions and add its complementary product portfolio to our existing line of fleet and asset monitoring solutions," said David Burry, Channel Sales Manager at Blue Oceans.

"This partnership brings together two like-minded companies, and together we will expand our global customer base by providing the very best service for asset tracking and satellite airtime rates that best fit the individual client's needs and budget," added Mark Gillingham, Blue Oceans' Director of Marketing and Sales.

About BSM Technologies (bsmwireless.com)

BSM Technologies, through its subsidiary BSM Wireless Inc., is a leading provider of remote monitoring, fleet tracking, fleet maintenance, and business intelligent engine providing real time, web‐based tracking of mobile and fixed assets. BSM provides solutions for commercial, government, and law enforcement organizations who manage and operate diverse assets and large fleets, and who seek to enhance customer service, improve the safety of their drivers and vehicles, and lower business costs.

About Blue Oceans Satellite Systems (skyhawk.co)

Incorporated in 2003, Blue Oceans Satellite Systems Inc. (BOSS) is a provider of satellite data communication and monitoring systems for commercial and government sectors. The corporate head office is located in St. John's, Newfoundland and Labrador, Canada. BOSS systems are designed and manufactured under the SkyHawk brand to improve operational visibility and efficiency for our clients. SkyHawk products deliver on the "Connect Anywhere" philosophy via utilization of two of the World's most reliable global satellite networks, Iridium Inc. and Globalstar Inc. Core innovative product offerings including satellite modems and data servers enable sophisticated web-based communications that relay information to and from field devices anywhere in the World. Furthermore SkyHawk product and solution offerings are designed to meet National and International regulatory and environmental requirements for the industries in which they operate. For more company information, please visit www.skyhawk.co.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

For more information, please visit http://www.bsmwireless.com

SOURCE: BSM Technologies Inc.

Aly Rahemtulla
President & CEO
BSM Technologies Inc.
1-416‐675-1201
[email protected]

Craig MacPhail
TMX | Equicom
1-416-815-0700, ext. 290
[email protected]

Mark Gillingham
Director Sales and Marketing
Blue Oceans Satellite Systems Inc.
1-709-737-BLUE (2583)
[email protected]